MINNEAPOLIS
Recent bankruptcy filings in Minneapolis and St. Paul
August 30, 2020 at 7:00PM
Blank Acquisition LLC, doing business as Blanks/USA, 7700 N. 68th Av., Brooklyn Park; filed Aug. 25, 20-42096; Chap. 11; assets, $4,756,327; liabilities, $4,369,444. Andrew R. Ogren, CEO.
St. Paul
Richard Vincent Ottomeyer, as surety for Cedarwood Health Services PLLC, Ottomeyer Properties LLC, Hickory Health Clinic PLLC and Lakes Area Health Center, and Leann Rose Ottomeyer, as surety for Cedarwood Health Services PLLC, Ottomeyer Properties LLC and Lakes Area Health Center, 23315 N. Itasca Av., Forest Lake; filed Aug. 26, 20-32078; Chap. 7; assets, $664,247; liabilities, $2,482,150.
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Health care spending rose by 15%, driven by higher prices. Officials say solutions are needed to prevent Minnesotans from being priced out or delaying care they need.
